A.C.I.T., CIRCLE-2, GWALIOR vs. M/S SUNIL KUMAR MITTAL & MAMTA MITTAL, MORENA

In the result, appeal of the Revenue is allowed for statistical purposes

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

132(4) as referred to above that all the financial and other resources as were needed for the transactions for purchase/ acquisition of shares in K.S. Oils Ltd. and other group concerns were provided and/or arranged by the deponent and similarly all the gains and losses accruing/ arising from the said transactions also pertained to the deponent. 12. That

A.C.I.T.,CIRCLE-2, GWALIOR vs. M/S VANDANA JAIN & RAMA BANSAL, MORENA

In the result, appeal of the Revenue is allowed for statistical purposes

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

132(4) as referred to above that all the financial and other resources as were needed for the transactions for purchase/ acquisition of shares in K.S. Oils Ltd. and other group concerns were provided and/or arranged by the deponent and similarly all the gains and losses accruing/ arising from the said transactions also pertained to the deponent. 12. That

A.C.I.T., CIRCLE-2,, AGRA vs. M/S SAKSHI TAIRI & CHHAYA BATTAD, MORENA

In the result, appeal of the Revenue is allowed for statistical purposes

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

132(4) as referred to above that all the financial and other resources as were needed for the transactions for purchase/ acquisition of shares in K.S. Oils Ltd. and other group concerns were provided and/or arranged by the deponent and similarly all the gains and losses accruing/ arising from the said transactions also pertained to the deponent. 12. That

ABC PAPER PRODUCTS,AGRA vs. INCOME TAX OFFICER 1(1)(1) AGRA, AGRA

In the result, the appeal of the assessee is dismissed

capital gains\narising to an Individual or a HUF from compulsory acquisition of an\nagricultural land situated in specified urban limit, subject to fulfilment\nof certain conditions. Therefore, compensation received from\ncompulsory acquisition of an agricultural land is not taxable under the\nAct (subject to fulfilment of certain conditions for specified urban land).\n2. The RFCTLARR Act which came into

SARITA AGRAWAL,GWALIOR vs. ACIT, GWALIOR

In the result, appeal of the assessee is allowed for statistical purposes

Bench: Shri Ramit Kochar & Shri Sudhir Kumarmrs. Sarita Agrawal Acit Geeta Colony Aayakar Bhawan Dal Bazar, Gwalior- V. City Centre 474001 Gwalior-474001 Madhya Pradesh Madhya Pradesh "थायीलेखासं./जीआइआरसं./Pan/Gir No: Adxpk3445P Appellant .. Respondent

4). The ld. CIT(A) has been vested with vast substantial powers under the 1961 Act, which even include power of enhancement. The ld. CIT(A) is obligated to state point for determination, his decisions and reasoning thereof, as is required u/s 250(6). The assessee has claimed in statement of fact and grounds of appeal filed with